Sunday, February 18, 2024

House rent allowance (HRA): Eligibility, calculation, how to avail

To qualify for tax benefit on HRA, the individual should be a salaried employee, should reside in a rented accommodation and pay rent. Here are the key considerations and provisions with respect to HRA and the implications from tax perspective.

from Tax-Wealth-Economic Times https://ift.tt/V0xDSN9

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